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French Stocks: Adecco, Veolia, Fromageries Bel Move in Paris

Aug. 13 (Bloomberg) -- France’s CAC 40 Index fell 10.16, or 0.3 percent, to 3,610.91 at the 5:30 p.m. close in Paris. The SBF 120 Index lost 0.2 percent.

The following is a list of companies whose stocks were among the most active in the French market today.

Adecco SA (ADE FP) added 0.5 percent to 38.64 euros, gaining for the first day in four. BofA Merrill Lynch removed the world’s largest supplier of temporary workers from its “most preferred” stocks in the European business services industry and added it to the “least preferred,” saying that the “persistence of poor economic data should lead to underperformance.”

Fromageries Bel SA (FBEL FP) added 1.6 percent to 142.40 euros, the highest since July 14. The cheese maker agreed to pay suppliers more for milk, raising the price by nearly 10 percent to 330 euros per 1,000 liters.

Store Electronic (SESL FP) declined 2.6 percent to 9.60 euros, dropping for a third day. The maker of public address systems said sales fell to 20.9 million euros in the first half from 30.1 million euros a year earlier.

Veolia Environnement SA (VIE FP) fell 2 percent to 20.05, dropping for a seventh day. The world’s biggest water company tracked losses in utilities stocks across Europe. A gauge of the industry showed a fall of 0.4 percent.

To contact the reporter on this story: Peter Evans in London at pevans15@bloomberg.net.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net.

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